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May 12, 2019 03:34 am

Bitcoin-Trading 'Seasteader' Now on the Run For His Life

An American bitcoin trader and his girlfriend became the first couple to actually live on a "seastead" -- a 20-meter octagon floating in international waters a full 12 nautical miles from Thailand. Long-time Slashdot reader SonicSpike shared this article from the libertarian Foundation for Economic Education describing what happened next:[W]hile they got to experience true sovereignty for a handful of weeks, their experiment was cut short after the Thai government declared that their seastead was a threat to its national sovereignty... Asserting that [their seastead] "Exly" was still within Thailand's 200-mile exclusive economic zone, the government made plans to charge the couple with threatening Thailand's national sovereignty, a crime punishable by death. However, before the Thai Navy could come detain the couple, they were tipped off and managed to escape. They are now on the run, fleeing for their lives. Venture capitalist and PayPal co-founder Peter Thiel has donated over $1 million to the Seasteading Institute -- though news about this first experiment must be discouraging. "We lived on a floating house boat for a few weeks and now Thailand wants us killed," one of the seasteaders posted on his Facebook feed. Last week the Arizona Republic reported that since the Thai government dismantled his ocean home, he's been "on the run" for over two weeks.

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